Short Interest in VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Drops By 63.7%

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 38,792 shares, a drop of 63.7% from the August 15th total of 106,892 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 114,813 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of VictoryShares Free Cash Flow Growth ETF

Hedge funds have recently modified their holdings of the company. Integrated Wealth Concepts LLC bought a new position in shares of VictoryShares Free Cash Flow Growth ETF during the 2nd quarter valued at approximately $27,000. Geneos Wealth Management Inc. bought a new stake in VictoryShares Free Cash Flow Growth ETF in the first quarter worth $32,000. JPMorgan Chase & Co. bought a new stake in VictoryShares Free Cash Flow Growth ETF in the third quarter worth $34,000. IFP Advisors Inc bought a new stake in VictoryShares Free Cash Flow Growth ETF in the fourth quarter worth $59,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in VictoryShares Free Cash Flow Growth ETF during the third quarter valued at $69,000.

VictoryShares Free Cash Flow Growth ETF Price Performance

Shares of GFLW stock traded up $0.40 during trading hours on Friday, hitting $33.21. The stock had a trading volume of 92,096 shares, compared to its average volume of 166,718. The stock has a market capitalization of $923.24 million, a price-to-earnings ratio of 33.38 and a beta of 1.25. VictoryShares Free Cash Flow Growth ETF has a one year low of $25.00 and a one year high of $34.94. The stock’s 50-day moving average price is $33.28 and its two-hundred day moving average price is $30.95.

VictoryShares Free Cash Flow Growth ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were issued a dividend of $0.1129 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Wednesday, September 9th.

VictoryShares Free Cash Flow Growth ETF Company Profile

The VictoryShares Free Cash Flow Growth ETF (GFLW) is an exchange-traded fund that is based on the Victory Free Cash Flow Growth index. The fund tracks an index composed of 100 US large-cap growth companies selected based on positive free cash flow trend, earnings, and ROI. Holdings are weighted in the portfolio based on a combination of free cash flow and momentum. GFLW was launched on Dec 3, 2024 and is issued by VictoryShares.